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Raymond Limited's Chairman and Managing Director, Gautam Hari Singhania, has communicated the company's new 'Raymond 2.0' vision to shareholders, aiming to reinvent the 100-year-old brand into a modern, purpose-led enterprise.

Key highlights of the announcement include:

• The company has successfully achieved net debt-free status, divested its FMCG business, demerged and listed its Lifestyle business, scaled its Real Estate operations, and acquired/consolidated its Engineering capabilities.
• Raymond Group has created three independent, net debt-free, and focused entities with strong management and governance frameworks.
• The Lifestyle Business has evolved into a comprehensive lifestyle destination with a three-pronged strategy:
  • Strengthen the Core in branded textiles.
  • Accelerate the Growth in apparel and garmenting.
  • Build the New across ethnic wear, innerwear, and sleepwear.
• Raymond Realty has been listed as a second independent growth lever, described as a net debt-free, pure-play real estate entity that has rapidly ascended to become one of the Top 5 developers in the Mumbai Metropolitan Region (MMR).
• The company's engineering prowess spans critical high-growth sectors like aerospace, defence, and automotive, uniquely positioning it to capitalize on the China+1 strategy, increase its order book, and sustain high double-digit growth.
• Raymond 2.0 will be anchored on three powerful pillars: Lifestyle, Real Estate, and Engineering, with a disciplined approach to capital allocation and a commitment to governance, engineering excellence, and accelerated technology adoption for long-term growth and value creation.

Raymond Limited announced the disclosure of voting results for the Postal Ballot conducted to seek shareholder approval for the appointment of Mrs. Rashmi Mundada (DIN: 08086902) as an Independent Director of the Company.

• The Special Resolution for her appointment was passed by the shareholders with the requisite majority.
• The resolution is deemed to have been approved on the last date of e-voting, which was 20 June 2025.
• The remote e-voting commenced on 22 May 2025 and concluded on 20 June 2025.
• A total of 4,23,43,369 (4.23 crore) votes were cast in the postal ballot.
• Out of the total votes polled, 4,23,39,845 votes (99.9917%) were cast in favour of the resolution.
• Only 3,524 votes (0.0083%) were cast against the resolution.
• The postal ballot was scrutinized by Dinesh Kumar Deora, Partner of M/s DM & Associates Company Secretaries LLP.

Raymond Limited announced its participation in the Axis Capital Rising Stars Conference 2025, scheduled for June 3, 2025. The company's representatives will engage in one-to-one and/or group meetings at the event.

• The conference will be hosted by Axis Capital at Grand Hyatt, Santacruz.
• The investor presentation to be used during these meetings covers the Q4 FY25 and FY25 results, which has already been submitted to the stock exchanges and is available on the company's website.
• Raymond Limited noted that the schedule is subject to change due to exigencies on the part of investors or the company.

• Raymond Limited held an investor and analyst meet on May 13, 2025, to discuss the strategy and prospects of its Engineering, Automotive, and Aerospace businesses.
• Chairman, Gautam Hari Singhania, stated that 2025 marks Raymond's 100th year.
• Post-COVID strategy involves creating three separate listed companies: Lifestyle, Real Estate, and Engineering & Auto.
• The company achieved its commitment to become debt-free in 2023.
• The Lifestyle business was demerged and listed last year.
• The Real Estate demerger is currently underway, with May 21, 2025, set as the record date.
• Following the demerger, Raymond Limited will comprise solely the engineering business.
• The Real Estate business is expected to list in approximately 45 days.
• The goal is to have different investor bases and best-in-class governance for each entity.
• The engineering business, which started with files 50-60 years ago (₹200 crore), grew by acquiring Ring Plus Aqua (auto components, 10% global ring gear market share) and merging with Maini Precision Engineering (auto components, aero & defence).
• The merger with Maini Precision Engineering is seen as a natural fit, moving the business up the value chain into higher-margin, more precision-focused areas like aerospace and defence.
• The Chairman highlighted the potential for the engineering business to grow from its current over ₹2,000 crore to ₹4,000-6,000 crore by investing in future technologies.
• Raymond's debt-free status provides the resources to support large capital investments required by global customers.
• The company sees significant opportunity in the 'Make in India' vision, particularly in manufacturing and the 'China plus one' strategy, positioning India as an engineering hub.
• The Real Estate business has shown strong growth, achieving a 25-30% market share in Thane and growing over 40% this year. Listing as a pure-play entity will allow it to raise capital independently and benchmark against peers.
• Gautam Maini, MD of the engineering business, emphasized the focus on precision engineering capabilities, built over years, allowing the company to enter various segments (auto, industrial, EV Hybrid).
• The business has a high export focus (average 62%), primarily to Europe (50%) and the US (30-35%).
• Synergies from the merger include cross-selling opportunities and adding value to existing product lines like drills and files.
• The company is positioned as a Tier 1.5 supplier, offering comprehensive solutions to large global customers.
• In aerospace, the company focused on the difficult engine parts first, building a strong reputation and securing approvals from major manufacturers like GE, Safran, Honeywell, and Rolls-Royce.
• The company makes 1,200 different part numbers for aerospace, with 75% for engines, including 350 parts on the LEAP engine (used in Airbus A320neo and Boeing 737 MAX).
• They were the first in India to make titanium forgings for aerospace 10 years ago and now supply 17 varieties on flying aircraft.
• Growth in aerospace is driven by a large customer base, long-term contracts (5-10 years), and continuous new product development (making one new part a day).
• The company targets a 25% ROCE for future products and has a large pipeline of RFQs (Request for Quotations), enabling them to choose profitable opportunities.